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Unformatted text preview: t, an unbridled free market — stands in total contradiction to the region’s true economic underpinnings.
No other region of the United States has been so dependent on government subsidies for so long, from the nineteenth-century construction of
its railroads to the twentieth-century financing of its military bases and dams. One historian has described the federal government’s 1950s
highway-building binge as a case study in “interstate som” — a phrase that aptly describes how the West was really won. The fast food
industry took root alongside that interstate highway system, as a new form of restaurant sprang up beside the new off-ramps. Moreover, the
extraordinary growth of this industry over the past quarter-century did not occur in a political vacuum. It took place during a period when
the inflation-adjusted value of the minimum wage declined by about 40 percent, when sophisticated mass marketing techniques were for the
first time directed at small children, and when federal agencies cre...
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This note was uploaded on 02/25/2014 for the course MGMT 120 taught by Professor Litt during the Spring '08 term at UCLA.
- Spring '08